L.A. creative office sells to FS Credit

FS Credit Real Estate Income Trust, Inc., which is advised by a subsidiary of FS Investments and sub-advised by Rialto Capital Management, has acquired 555 Aviation, a 259,754-square-foot, class-A creative office building located in El Segundo, Calif.

The seller was not disclosed, but Tishman Speyer was the previous owner, according to one report.

555 Aviation is 100-percent leased to three tenants — Fabletics, Saatchi & Saatchi and Belkin — all on long term leases. The Property features floor-to-ceiling glass and high ceilings, open-air breezeways, a fitness center, outdoor lounge areas, bike storage and ample parking. The Property is near an array of affluent residential neighborhoods, including Manhattan Beach, Redondo Beach, Hermosa Beach and Palos Verdes.